Wealth and Asset Management
Pictet’s $13bn robo fund ‘clearly exposed’ to AI capex freeze – but PMs aren’t panicked
Pictet’s Robotics fund has doubtless been a major beneficiary of the artificial intelligence (AI) build-out over the last few years, but portfolio manager Daegal Tsang is under no illusion about what would happen should the spending spree suddenly stop. ‘The fund would clearly be exposed were there a capex…
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